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$ 935,000
Est. payment /mo
Open Sat 1PM-3PM
532 25th ST Oakland, CA 94612
5 Beds
5 Baths
2,255 SqFt
Open House
Sat Oct 03, 1:00pm - 3:00pm
Sun Oct 04, 1:00pm - 3:00pm
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 2,255 sqft
Price per Sqft $414
MLS Listing ID 26994045
Bedrooms 5
HOA Y/N No
Year Built 1908
Lot Size 3,001 Sqft
Property Description
Uptown Oakland 5-unit with upside already built in. 532 25th St is a two-story, stucco building with five 1 bed / 1 bath units on a 3,000 SF lot. It is 100% occupied, bringing in $85,807 in current gross scheduled income. Three units rent between about $953 and $1,199, well below the estimated market rent of about $1,726 for comparable 1-bedrooms, so the next owner has real long-term upside as units turn over. Gas and electric are separately metered, which keeps owner utility costs down. The property also has dual-pane windows, shared on-site laundry, and one off-street parking space. It is zoned D-DT-RX in the heart of Uptown and the KONO arts corridor, minutes from the Fox and Paramount theaters, the Kaiser and Sutter medical district, restaurants, and galleries, and about a 10-minute walk to transit. This is a stable, low-management way into Downtown Oakland multifamily.
Location
State CA
County Alameda
Zoning D-DT-RXD-DT-RX
Interior
Heating Wall Furnace
Cooling None
Fireplace No
Appliance Dishwasher, Refrigerator
Laundry Common Area
Exterior
Parking Features Driveway
Total Parking Spaces 1
Building
Lot Description Back Yard
Story 2
Entry Level Two
Foundation Slab
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 0080676007
Financing Cash,Conventional
Special Listing Condition Standard
Listed by Lawrence King eXp Realty of California Inc #01953575